Michaels has acquired craft and fabric retailer Joann's intellectual property and private label brands, including its popular Big Twist yarns, the company announced this week. Michaels announced the ...

Missing Joann Fabrics? Good news, Michaels has launched the Knit & Sew Shop with Joann branding and private-label brands. See ...

Babs has been making things her entire life — knitting, smocking, cross-stitching — but needlepoint is her newest passion.

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Craft retailer Michaels bought Joann's intellectual property and private label brands. The move comes as Joann closed all stores after filing for bankruptcy. Michaels is expanding its fabric, yarn and ...